Title 07 Finance
Chapter 07.08 Funds
Article VI. Internal Service Funds
Section 07.08.505 Employee Benefits Fund
- There is created a revolving fund to be known as the “employee benefits fund” into which shall be transferred from all payroll funds of the City those moneys designated, budgeted and appropriated at the appropriate rates of contribution for this fund.
- All moneys deposited in the fund shall be expended through the usual fiscal officers of the City as directed by the legislative authority of the City and in accordance with approved budgets for the payment of self-funded medical and dental claims in lieu of premiums; group life, disability and medical-insured plan programs; administrative expenses; or any other expenses properly chargeable to the administration of the fund.
Date Passed: Monday, May 7, 2007
Effective Date: Wednesday, June 20, 2007
Recodification ORD C34024 Section 1